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Ullestad Kraft AS
AS
Active
Org 998590140
Ullestad, 4137
Årdal I Ryfylke
Production of electricity from renewable sources
·
NACE 3512
Est. 2012 · 14 years old
0 employees
www.clemenskraft.no
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Norway
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Companies
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Production of electricity from renewable sources
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Ullestad Kraft AS
Overview
Financials
People & ownership
Related companies
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Financials
Revenue
NOK millions
56M
42M
28M
14M
0M
2021: 16M
16M
2021
2022: 45M (+181% vs 2021)
45M
+181%
2022
2023: 20M (-56% vs 2022)
20M
-56%
2023
2024: 16M (-20% vs 2023)
16M
-20%
2024
2025: 17M (+6% vs 2024)
17M
+6%
2025
EBITDA
NOK millions
26M
20M
13M
7M
0M
2021: 8M
8M
2021
2022: 21M (+163% vs 2021)
21M
+163%
2022
2023: 2M (-90% vs 2022)
2M
-90%
2023
2024: 4M (+100% vs 2023)
4M
+100%
2024
2025: 5M (+25% vs 2024)
5M
+25%
2025
Income statement
NOK thousands
Item
2025
2024
2023
2022
2021
Revenue
16 903
15 949
20 172
44 985
15 711
Staff expenses
−0
−0
−0
−0
−0
EBITDA
5 081
4 456
1 639
21 247
7 983
Depreciation & amort.
−2 005
−2 002
−1 999
−1 999
−1 999
EBIT
3 075
2 454
−360
19 248
5 984
Net financials
−2 799
−1 599
−1 238
−1 510
−2 402
Profit before tax
277
855
−1 598
17 738
3 582
Tax
61
188
−141
3 902
788
Net profit
216
667
−1 457
13 836
2 794
Balance sheet
NOK thousands
Item
2025
2024
2023
2022
2021
Total assets
79 357
81 797
83 618
111 007
93 908
Equity
18 868
19 033
18 823
20 280
18 028
Long-term debt
50 207
54 253
52 294
50 954
68 787
Short-term debt
10 282
8 511
12 502
39 773
7 093
Total debt
60 489
62 764
64 796
90 727
75 880
Financial ratios
5-year trend
EBITDA margin
30,1 %
This company
15,8 %
Market median
This company
Market median
91% above market
2021
2025
Equity ratio
23,8 %
This company
38,2 %
Market median
This company
Market median
38% below market
2021
2025
Return on equity
1,1 %
This company
18,4 %
Market median
This company
Market median
94% below market
2021
2025
Net profit margin
1,3 %
This company
8,1 %
Market median
This company
Market median
84% below market
2021
2025
Asset turnover
0,21×
This company
1,12×
Market median
This company
Market median
81% below market
2021
2025
Debt / equity
3,21×
This company
0,62×
Market median
This company
Market median
418% above market
2021
2025
Annual reports & filings
Annual report 2025
Filed via Brønnøysundsregistrene · Period 2025-01-01 – 2025-12-31
View
PDF
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
More on Ullestad Kraft AS
Overview →
Headline figures, risk assessment and company summary
People & ownership →
Management, board and shareholder breakdown
Related companies →
Corporate hierarchy, parent and subsidiary network
